TABLE X-6.-Distribution of gross investment in the Soviet Union, 1933–37, 1948, Source: N. Kaplan in A. Bergson (editor): Soviet Economic Growth (Row, Peterson & Co., Evanston, Ill., 1953), pp. 52-66. 2 Source: A. Nove: Soviet Budgets After Stalin, The Review of Economics and Statistics, XXXVI: 415-424, 1954; p. 420. 3 Includes manufacturing, mining, utilities, construction, forestry, and fisheries. 41933-36 average. Includes investments self-financed by collective farms and others financed by long-term credits from the State Agricultural Bank. TABLE XI-1.-The national income of Poland by industrial origin, in constant (1938) prices : Calculated from Mauldin and Akers (1954) as follows: (1) It was assumed that the labor force grew, from 1931 to 1938, at the same rate as total population, or by 9 percent (cf. pp. 19, 165). The 1938 estimate (including military) is 16.1 million persons. (2) The 16 Based on the following calculations; In 1931, 84.5 percent of the rural population was dependent upon agriculture, forestry, and fisheries; also 49.8 percent of the agricultural population was in the labor force (Mauldin and Akers, 1954, pp. 123, 165). In 1946, only 78.3 percent of the rural population depended on agriculture and related pursuits (Ibid., 17 Calculated from data on railroad freight and passenger traffic, partially interpolated. 18 See note 16. 19 Centralny Urzad Planowania (1947, p. 121). 20 Interpolated from data for 1946 and July 1949. (See note 19, and Mauldin and Akers, 23 The 1938 figure is from official data. For subsequent years, the figures are based on 24 Estimated total employment: 1938, 15.6 million; 1946, 12.0 million; 1947, 12.4 million; TABLE XI-2.-Poland: Index of large and medium-scale mining and manufacturing, selected commodities 1 1 Practically all figures for 1938 employment, hourly wages, weights, and output were taken from Polish Ministry of Information (1941, passim); figures on physical output in 1948 and 1952 were taken from U. N. E/ECE 174, 1954, p. 275; in a few cases where data were not available arbitrary estimates were made; such estimates were indicated by figures in parentheses. Output in 1937, from U. N. E/ECE 174, 1954, p. 275. Includes electrotechnical. 4 Output in 1937, from Polish Ministry of Information (1941). The components not covered include wood products (except paper), clothing, printing and allied and leather goods, with an aggregate wage product of 87,000 zlotys per hour. The coverage achieved thus approximates 85 percent. TABLE XI-3.-The Polish gross national product, by end-use, 1938-52 4 Government consumption, including its components, calculated as follows: (a) The official figure of Polish national income (Marxist) in 1947 in 1937 (=1938) prices was 3.3 percent lower than the national income calculated in table XI-1. In addition, an allowance of 4 percent had to be introduced for depreciation, making the total expansion coefficient 1.074. (b) This coefficient was applied to the Polish figure on national income (Marxist) in 1947 prices, giving an estimate of 1,495 billion 1947 zlotys for the 1947 gross national product. (c) The figure for investment as a share of gross national product in 1938 zlotys was deflated by a coefficient of 0.808, corresponding to the difference in the share of industry in the national income as expressed in 1947 rather than in 1937 prices. (d) The residual product, in 1947 prices, then corne sponded to 1,281 billion 1947 zlotys. Of this residual product, 11.4 percent was taken by government current expenditures (including transfer payments), and including 3.41 percent for defense, 2.57 percent for health and education, and 5.39 percent for other current civil uses. (e) The residual product was then recomputed in 1938 terms by equating it to 82.3 percent of the gross national product. (Internal allocations within the residual product were retained in 1947 price relationships, assuming that the shifts in searcities. between 1937 and 1947 did not significantly affect consumers' goods-services relations. (g) Private consump tion is a terminal residual. (See Central Office of Statistics, 1949). Government consumption in current prices in 1952 is derived from the official budgetary figures. (Dziennik Ustaw No. 17, Apr. 11, 1952) linked to the gross national product estimate by two assumed relationships: (a) That all investment is included in the budget. (5) That, as a result of systematic gov ernment policies to foster urbanization and industrialization, current prices (heavily affected by both subsidies and turnover taxes) correspond closely to the scarcity relationships of 1938 rather than the freer market conditions of 1947. Includes the expenses of the Communist Party. Of which 4.1 for administration and about 9.2 for net transfers to the Soviet account. See also U, N. E/ECE, 1954, p. 61. Investment datum in 1938 zlotys (2.8 billion) from Secomski (1950), as a percentage of gross national product in 1938 zlotys, cf. note 1. The estimate of investment was calculated in 2 ways: (a) By deflating the official figure on gross investment in 1952, 7.5 billion 1938 zlotys (derived from Beirut, 1953). The coefficient of deflation used was the ratio of the calculated value of industry and handicrafts in 1952 (10,05 billion zlotys, cf. table XI-1) to the official value of 14.0 billion zlotys. This deflated the official investment figure to 5.41 billion 1938 zlotys. (b) The other method was a more laboricus direct calculation, involving an estimate of the shares of 1938 gross investment derived from construction and outlays for producers' durable, respectively. The esti mate reached was 1.75 billion 1938 zlotys for construction (including the incomes originated in construction, one-half of ferrous metallurgy; all stone, glass and ceramics, and 80 percent of wood products) and 0.55 billion 1938 zlotys for producers' durables. The value of construction in 1952 was calculated by multiplying the 1938 figure by 1.97, the index for building materials reached in 1952 (table XI-1, 2). That for producers' durables was calculated by working out the ratio between the average increment in electrical power production in 1951-53 to that in 1938, or 3.73. (For base data see Central Statistical Office, 1949, p. 2. U. N. E/ECE 174, p. 275.) The resulting estimate for 1952 investment is 5.50 billion 1938 zlotys. (c) The final figure used, 5.45 billion 1938 zlotys is an average of the 2 estimates. 10 Estimated depreciation of 4 percent added to national income. 1919, p. 231. For population estimate, see Mauldin and Akers (1954, p. 104). is 1947, 68.2; 1952, 73.9. See table XI-1 and U. N. EȚECE, Index of population, with 1938=100, Data on end-use of national product derived from Polish Ministry of Information (1941, p. 156), Centralny Urzad Planowonia (1947, p. 156) and Secomski (1950). The government expenditures are for the fiscal year 1938-39. |